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The partnership in care ltd
Registration Number
02048736Incorporation Date
21/08/1986Last Annual Return
Not availableAddress
Risby Hall Hall Lane, Risby, Bury St Edmunds, Suffolk. IP28 6RS
Website
www.thepartnershipincare.co.ukAudit Fees
£21,000Secretary
Ms Elaine Turner
Directors
Active
Ms Rachel Elizabeth Fitton (47 yrs)
Active
Mr Ian Denton Turner (75 yrs)
Active
Ms Emma Claire John
Active
Ms Elaine Turner (76 yrs)
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 31-Mar-25 | 30-Mar-26 |
| Weeks | 52 | 52 | 52 | 52 | 52 |
| Total Sales (£000) | 11895 | 13483 | 14694 | 16114 | 17983 |
| Directors Fees | 116 | 136 | 136 | 136 | 163 |
| Gross Profits | 3369 | 3932 | 4261 | 4972 | 5549 |
| Value Added | 9594 | 9592 | 10630 | 12109 | 13005 |
| Trading Profit | 2321 | 1935 | 1928 | 2476 | 3242 |
| Depreciation | 365 | 378 | 374 | 458 | |
| Non-Trading Income | -7 | 11 | 0 | 48 | 0 |
| Total Interest Charges | 45 | 27 | 35 | 35 | 42 |
| Pre-tax Profit | 1904 | 1541 | 1519 | 2031 | 2650 |
| Retained Profit (Shareholders Funds) | 972 | 150 | 197 | 563 | 1219 |
| Fixed Assets | 6791 | 6551 | 6467 | 6263 | 7516 |
| Intangibles | 0 | 0 | 0 | 0 | 0 |
| Intermediate Assets | 158 | 0 | 0 | 0 | 0 |
| Stocks | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1347 | 1415 | 1597 | 786 | 877 |
| Cash or Equivalent | 1934 | 2150 | 2191 | 3905 | 3651 |
| Total Current Assets | 3281 | 3565 | 3788 | 4691 | 4528 |
| Creditors | 516 | 450 | 395 | 326 | 418 |
| Short Term Borrowing | 237 | 211 | 214 | 277 | 0 |
| Other Current Liabilities | 909 | 834 | 926 | 1194 | 1433 |
| Total Current Liabilities | 1662 | 1495 | 1535 | 1797 | 1851 |
| Net Current Assets | 1619 | 2070 | 2253 | 2894 | 2677 |
| Shareholders Funds | 8064 | 8214 | 8411 | 8974 | 10193 |
| Total Loan Capital | 505 | 407 | 309 | 183 | 0 |
| Other Capital Employed | 0 | 0 | 0 | 0 | 0 |
| Total Capital Employed | 8569 | 8621 | 8720 | 9157 | 10193 |
| Pretax Profit Margin % | 16.01 | 11.43 | 10.34 | 12.6 | 14.74 |
| Sales Growth % | 5 | 13 | 9 | 10 | 12 |
| Pretax Profit Growth % | 17 | -19 | -1 | 34 | 30.00 |
| Debtor Ratio Days | 41 | 38 | 40 | 18 | 17.7549956559513 |
| Creditor Ratio Days | 16 | 12 | 10 | 7 | 8.4686359687228 |
| Stock Turnover | NA | NA | NA | NA | NA |
| Sales £000 / Employee | 31 | 36 | 38 | 44 | 47.9064864864865 |
| Value Added £000/Empl. | 25 | 26 | 28 | 33 | 34.68 |
| Av. Remun. £000 / Empl. | 19 | 20 | 23 | 26 | 26.0351351351351 |
| Total Empl. Remu. £000 | 7273 | 7657 | 8702 | 9633 | 9763.17567567566 |
| Employees | 385 | 376 | 386 | 370 | 375 |
| Pretax Profit/Total Assets % | 19 | 15 | 15 | 19 | 22 |
Company Summary
- The Plimsoll Chart is high and rising indicating an improvement in financial strength, well above the industry average.
- Total Sales have increased by 9.7% in the latest year, well above the industry average of 8.3%.
- Pretax Profit Margin is 12.6% in the latest year, well above the industry average of 9.6%.
- Pretax Profit Margin has markedly improved from 10.3% to 12.6% in the latest year.
- Shareholders received £898,000 in dividends this year, over 44% of the pretax profits of the company.
- The Profitability chart shows a well above average pretax profit return on total assets in the latest year.
- The company is among the Top 223 companies listed as a Best Trading Partner (see section 1c).
- The company is among the Top 50 Cash Rich companies.
- The company is among the Top 1470 companies listed under the Pretax Profits category (see section 3.2c).
Company Summary
The company currently has £16.1m sales and made £2.0m, by following the proposal plan, sales would rise to £18.0m and profits would rise to £2.7m.
Key Attractiveness Features
- PRIVATELY OWNED
- ADD £16.1m TO SALES
- FEW DIRECTORS
- HIGH DIVIDEND
Acquisition Attractiveness Rating
- Low number of shareholders
- Company is privately owned
- Low number of directors
- Sales growth above the industry average
- Low financial rating
- High gross earnings
- Big difference between current and future value
- Directors fees represent high proportion of profits
- Average age of directors is high
Company Valuation
| Proposed Year |
|||||
|---|---|---|---|---|---|
| Period Ending | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 31-Mar-25 | 30-Mar-26 |
| Total Sales (£000) | 11895 | 13483 | 14694 | 16114 | 17983 |
| Pre-tax Profit (£000) | 1904 | 1541 | 1519 | 2031 | 2650 |
| Total Value (£000) | 18656 | 16431 | 16514 | 17819 | 22668 |
| Asset Value (£000) | 8296 | 7966 | 8064 | 7049 | 8393 |
| Goodwill (£000) | 10360 | 8465 | 8450 | 10770 | 14275 |
| Liabilities (£000) | -233 | 248 | 347 | 1925 | 1800 |
| Equity Value (£000) | 18423 | 16679 | 16861 | 19744 | 24468 |
Total Value Formula: (Pretax Profit + Interest Payments - Non Trading Income + Directors Fees) * 5 plus (Fixed Assets + Intangibles + Intermediate Assets + Stocks + Debtors)
Shareholders / Ownership
MR IAN DENTON TURNER (50.7%)
MS ELAINE TURNER (17.3%)
MRS RACHEL FITTON (16.0%)
MRS EMMA CLAIRE JOHN (16.0%)
Immediate Shareholder: See Shareholders
Subsidiaries
RISBY HALL NURSING HOME LTD
Acquisition / Valuation Comments
This company has been established 40 years.
2 directors are over 70 years of age.
The value of the company has risen in each of the last 2 years.
The total value of the company is currently £17.8m including debts.
The equity value is high, indicating low levels of total liabilities.
This company is rated HIGHLY ATTRACTIVE in terms of attractiveness.
The proposed year is based on achieving a 22% return on total assets.
The company's value would increase by 27% if the proposed business plan was followed.
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